CyberArk Software Ltd. (NASDAQ:CYBR) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.58 by 12 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Brokerage firm Bank of America upgrades its rating on CyberArk Software Ltd. (NASDAQ:CYBR). The shares have been rated Buy. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on May 13, 2016.
CyberArk Software Ltd. (NASDAQ:CYBR): The mean short term price target for CyberArk Software Ltd. (NASDAQ:CYBR) has been established at $49.5 per share. The higher price target estimate is at $60 and the lower price target estimate is expected at $42 according to 8 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $5.95
CyberArk Software Ltd. (NASDAQ:CYBR) rose 3% or 1.45 points on Tuesday and made its way into the gainers of the day. After trading began at $48.82 the stock was seen hitting $49.837 as a peak level and $48.5362 as the lowest level. The stock ended up at $49.77. The daily volume was measured at 1,105,946 shares. The 52-week high of the share price is $75.24 and the 52-week low is $31.5. The company has a market cap of $1,657 million.
Shares of CyberArk Software, Ltd. rose by 9.38% in the last five trading days and 16.01% for the last 4 weeks. CyberArk Software, Ltd. is up 17.97% in the last 3-month period. Year-to-Date the stock performance stands at 10.26%.
Cyberark Software Ltd is an Israel-based security company. The Companys provides information technology security solutions that protect organizations from cyber attacks. The Companys products include CyberArk Shared Technology Platform, Privileged Account Security Solution and Sensitive Information Management Solution. It offers Privileged Account Security Solution, a solution to protect, monitor, detect, alert, and respond to privileged accounts. The company also provides Enterprise Class Integration for devices, networks, applications, and servers. Its CyberArk Privileged Session Manager that isolates, controls, and monitors privileged user access and activities. Its CyberArk Sensitive Information Management Solution, a platform for sharing and distributing information to users across systems using Web, desktop, mobile, and email.